GBP/JPY Returns Above 218.509 on Fresh Signal

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GBP/JPY Returns Above 218.509 on Fresh Signal

Research preview

Scenario plan Scenario Confirmation Invalidation Bullish continuation D1 close above 218.509, then retest holds. Back below pivot 218.218 Range continuation Price keeps rejecting both nearest support and resistance. Clean D1 close outside the range Bearish continuation D1 close below 218.340, then failed retest. Back above pivot 218.218 Risk And Invalidation Risk remains level-led. The invalidation level matters more than the headline bias; reduce size around data releases and avoid treating the first reaction as confirmation without a retest. GBPJPY Pivot And Support Resistance Levels The level structure is where the model view becomes tradable or gets rejected. GBPJPY is mapped against a daily pivot at 218.218, with first resistance near...

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